Philippines Invests P2.1 Billion in Startups, Aims for $10B Investments by 2030

November 15, 2025
Philippines Invests P2.1 Billion in Startups, Aims for $10B Investments by 2030
  • The Philippine government has mobilized over P2.1 billion to support startup ventures, reaching 212 startups and incubating 2,233 through a nationwide network of 158 technology business incubators and innovation hubs.

  • Leadership of the ISA Steering Committee is shifting from DOST to DICT for 2025–2027, with a rotating chairmanship among implementing agencies.

  • Despite a small drop in the global startup ranking, the ISA highlights the Start Local strategy as Iloilo, Cauayan, and Solana join Manila, Cebu, Davao, Cagayan de Oro, and Naga in the Global Startup Ecosystem Ranking.

  • The Innovative Startup Act (ISA) Steering Committee unveiled the ISA 2030 Vision, aiming to create four unicorns and attract $10 billion in investments by the decade's end.

  • DOST Undersecretary Leah Buendia cited progress under DOST, noting current funding and incubated startups, and expressed confidence in DICT’s leadership to drive the agenda.

  • Ongoing programs led by key agencies include Startup Grant Funds, Startup Venture Funds, and incubation initiatives to help founders secure financing and scale.

  • Philippine Startup Week 2025, the nation’s largest annual startup gathering, runs November 12–14 at the Philippine Innovation Hub in the Marikina Enterprise Center, featuring founders, investors, venture firms, and industry groups.

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